CoStar: U.S. Hotel Industry Shows Positive Comparisons for Third Consecutive Week
WASHINGTON—The U.S. hotel industry reported positive year-over-year comparisons, according to CoStar’s latest data through Nov. 2, 2024. U.S. Hotel PerformanceOctober 27-November 2, 2024 Percentage change from comparable week in 2023:Occupancy: 60.8 percent (up 1.9 percent)ADR: $154.99 (up 1.2 percent)RevPAR: $94.22 (up 3.1 percent) Among the Top 25 Markets, Tampa saw the largest occupancy lift (up 34.7 percent to 80.5 percent), due to continued displacement demand from Hurricane Milton. New Orleans saw the highest increases in […]
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